A fall in PVC (K6701) prices in the market of Delhi was noticed on April 21, 2021.

C10 solvent prices have increased in the imported market of Kandla.

A revision in VAM prices has been announced at Hazira.

A fall in caustic soda flakes prices in the domestic market of Mumbai was noticed on April 21, 2021.

Octanol prices have been revised at Hazira.

Looking at the current scenario, rising COVID cases and factors governing polymers prices, a price revision by India producers is expected in the third week of April.

DBP prices have increased in the Mumbai market.

BAM prices have been revised at Hazira.

Phenol prices have been revised by Deepak Phenolics.

Prices for toluene have been cut by Aegis.

On April 21, 2021, sulphuric acid prices were quoted lower in the Delhi market.

On April 21, 2021, aniline prices drifted lower in the imported market of Mumbai.

New prices for IPA have been announced at JNPT.

Toluene prices have escalated in the Mumbai market, today.

Prices for caustic soda lye have been reduced at Dahej.

Butyl acetate prices have been raised at Hazira.

A fall in phenol prices in the domestic market of Mumbai was noted on April 21, 2021.

The downstream EPC market seems to be finally in real turmoil
8New, more-aggressive players, with strong local roots and connections have entered market, upsetting the applecart for all
8And business is not going to be the same
8A string of big downstream projects was cornered by first-time players last week

With coal-based thermal power projects drying up, public sector giant BHEL is looking at the oil & gas projects to fish itself out of trouble
8But that is easier said than done
8It will take a long time for this public sector giant to get its act together
8And it also needs to be less fickle in its selection of partners. Partner hopping does not always work

Isgec Heavy Engineering Ltd is a company this website respects
8It is a doughty fighter, and it does not give up
And over time it has built formidable capacity within its revenue bandwidth
Find out more on how it won this Rs 800 crore project by quoting strategically

8The downstream segment may look far more organized and technical than the E&P segment
8But eventually, according to some established players, there is no real rocket science to it that new players cannot get right

8The risk with new players in the downstream sector is that they end up quoting too low
8Two companies may have done that, though we do not know the consequences yet

L&T has a huge order backlog in the downstream sector
8But it says it has an appetite for more
8But it does not look like that though from the way it is conducting itself

8Our multi city, multi grade petrochemical prices
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